Actuarial Analyst

Actuarial Analyst

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands.

Pets Best is hiring for an Actuarial Analyst

Doubtless is one of the world's leading pet insurance and pet health organizations, bringing together the former Independence Pet Holdings and Pinnacle Pet Group into a unified global enterprise.

With more than 4,000 employees, Doubtless protects over 6 million pets across 10 markets throughout North America, Europe, and the United Kingdom. Through a portfolio of trusted pet insurance brands and innovative pet care solutions, we help pet parents protect and care for their pets throughout every stage of life.

At Pets Best, part of the Doubtless family of companies, our mission is to help pet parents provide the best care for their pets by making quality veterinary care more accessible and affordable. Since 2005, we've been a trusted leader in pet health insurance, offering innovative insurance and wellness solutions that provide peace of mind when it matters most.

As part of a growing organization dedicated to improving the lives of pets and the people who love them, we foster a collaborative, data-driven culture where employees are empowered to make a meaningful impact. If you're passionate about analytics, problem-solving, and contributing to products that help families care for their pets, we'd love to hear from you.

The Actuarial Analyst will analyze and evaluate the likelihood of future events to reduce and manage future financial risks. The Actuarial Analyst will contribute to product pricing and rate filings for our pet insurance products. They will also provide analysis and innovative solutions, communicating results to help guide decision making.

Main Responsibilities:

• Completes and interprets actuarial analysis, valuations, cost estimates, and modeling using mathematics, statistical programming, and financial theory.
• Prepare rate filings, pricing analysis, and experience reports for review.
• Assists with the completion of rate filing documents for all states.
• Research rate filings, as needed.
• Maintains and updates existing models, tools, and other files used for analysis.
• Completes ad hoc reporting, as necessary.
• Possess and applies broad knowledge of actuarial principles, practices, and procedures to the completion of difficult assignments.
• Interprets rate objections and prepare responses and rating support.
• Interpret rate regulations and apply them appropriately to rating development and support.
• Performs other duties and responsibilities as assigned.

Qualifications:

• Bachelor's Degree in Math, Finance, Actuarial Science, Economics or related field or equivalent work experience
• 2 years' relevant experience
• Proven ability to pass actuarial exams.
• Proficiency with Microsoft Excel; experience with SQL, R, or Python is a plus.
• Ability to effectively communicate complex ideas, product details and analysis to both technical and non-technical internal audiences, as well as management.
• Proven ability to manage multiple tasks and adapt to a fast-paced, evolving environment.

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

• Comprehensive full medical, dental and vision Insurance
• Basic Life Insurance at no cost to the employee
• Company paid short-term and long-term disability
• 12 weeks of 100% paid Parental Leave
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• Retirement savings plan
• Personal Paid Time Off
• Paid holidays and company-wide Wellness Day off
• Paid time off to volunteer at nonprofit organizations
• Pet friendly office environment
• Commuter Benefits
• Group Pet Insurance
• On the job training and skills development
• Employee Assistance Program (EAP)